Loan & DebtApr 28, 2026, 10:51 AM
CRESY Issues $64.2M in Series LII & LIII Notes
AI Summary
Cresud S.A.C.I.F. and A. announced the issuance of notes in the local capital markets, totaling an equivalent of USD 64.2 million. This includes Series LII Notes amounting to USD 41.2 million with a 4.75% interest rate maturing in April 2028, and Series LIII Notes amounting to USD 23.0 million with a 6.25% interest rate maturing in April 2030. Both series will have bullet principal amortization at maturity.
Key Highlights
- Issued notes in local capital markets for a total equivalent of $64.2 million.
- Series LII Notes issued for $41,201,813.
- Series LII Notes carry an interest rate of 4.75%.
- Series LII Notes mature on April 30, 2028.
- Series LIII Notes issued for $22,998,047.
- Series LIII Notes carry an interest rate of 6.25%.
- Series LIII Notes mature on April 30, 2030.